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Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Bitfarms Ltd. is a Canada-based global vertically integrated bitcoin mining company. The Company develops, owns, and operates vertically integrated mining farms with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers operational performance and uptime. The Company operates through the cryptocurrency mining segment. The Company operates server farms comprised of computers (Miners) designed for the purpose of validating transactions on the Bitcoin (BTC) Blockchain (Mining). The Company also operates Miners about 24 hours a day producing computational power (measured by hashrate) which it sells to Mining Pools under a formula-driven rate commonly known as Full Pay Per Share (FPPS). The Company has 11 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.


TSX:BITF - Post by User

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Post by keithvictoria41on Apr 21, 2022 4:02pm
115 Views
Post# 34621661

The reason bitcoin was created

The reason bitcoin was created Is was created to transfer money securely and to keep your money safe , right now your money isn't safe in the bank u know why ?? Because anyone can hack it and governments can stop u from taking it out and do what they like . Crypto is worth something because it protects your money and could be valued if governments decide to put a number to it and it's value , in my opinion cyrpto should be worth dollar for dollar of the currency in your country value and you also have to figure how many coins you have of the cyrpto coin in the market if u have less then the crypto coin shoukd be worth more right . Just like anything else in this world the less you have the more it's worth . The hard thing is putting a number on how much  crypto coins are worth , but they are worth something and it's more then and currency that's out there because once again cyrpto protects your money . 
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